The Chicago tribune and the Daily news, New York - 1924-01-17 (4771488) — page 5
December U.S. Cotton
Exports Show Increase
(Special Cable To The Tribune)
MAV YORK, Jan. 1.0.—The monfhly report of the Census Bureau shows that Amcrican mi ils oonsumed in December 402,000 baies, exclusive of Ihiters, against. 532,000 halos in the precedmg montir and 528,000 baWin December, 1022. , ..
Tho exports for the moni.h are rctuined at 85-0,000 baies, against 770 000 baies ln Novcmber and 008,000 baies m December, VM-A stocks in rhn manufac^urers amount to 000- baies, ngrliust 1,430,000 last nionth and -l,92l:,WO baies last year;anrt m outSÍ(le" warehouses 8.520 00Ô hales, against 3,771,000 baies and 4,075,000 ba.es. Spindies active du ring 111,8 Ia?nn totaHod 3î-,0-i5,000, against . 101,000 m Novenlber and 34,068,000 hi December, 1022.
The co!)sun-)p<iofj of linters in Dec-
e-mber was Xi^OO-bales, é\gainst 48,000 baies in flic .preceding month and !¡r¡,OOO baIes a year ngo; stocks ni ec¡'r¡< stun in g establishments amount to 113 .000 luiles, against. 90,000 b::)Ies and, 123,000 baie s; and in outside w&i'e.l/iuses fH,OOO baies against 41,000 baiM and 38,000 halos.
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Real Estate Information
PROPERTY FOR SALE
RANCH -RANCH PARAGUAY, SOUTH AMERICA
135,500 ACRES of Prairie, Ail in one piece and
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TMERIGAN GHAMBER OF COMMERCE IN FRANCE 32 RUE TASTBOUT, PARIS
CLASSIFIED ADVERTISEMENTS
(PETITES ANNONCES)
1. SITUATIONS WANTED.
8. REAL ESTATE AGENCIES.
9. AUTOS AND GARAGES.
10. CLEANERS, DYERS.
11/"TAILORS AND STOPPEURS.
12. PHOTOGRAPHY.
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Priées Sits Wantocl: Fr. 3 per lill<,, otlier chasses: Fr. 4 pcr line; with rate card discount
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SITUATIONS WANTED
FRANCO-AMERICAN STENOGRAPHERS.
19 Rue St. Rach. (Mrs. Pitts-lsnard). , Stenograplicrs Sent Dut. Tel., Central 42-14.
- rnco COVERNESS, good En g'l.l....it , seeks p!ac€, nrai-residi'iu or reside-nt, Froneh, music, di-awins. CiooclcT'hal!l, 20 1{. Jcan-Goijou.
15-16 "AT HOME", 27 r. de Surène (Madeleine).
ItûC.011.tJy opened. No.wly tlttec] u-p. Tbe Most At'tistic "Fension" ln Pari;,. 1545 D)STtMGU)SHED LADY wouid take a few lioardcr-3. AIl comfoi'L Garage. Frencli Convers. 7 Rue do l'Assomption.. 1.1"8
SITUATIONS WANTED
VALET de CHAMBRE,. M. d'hÔtel.
!Nb, Espagnol, ItOTines références, .l'aris ou êu-i.:ngei'. ltHHf;ËDAS, 2a Rue <.'oper.n.ir. l.V/l
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HOUSES AND PROPERTY
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PROFESSIONAL
BEAUTY CULTURE SPECIALIST, will v,¡"it clients at tlieir homes. Miss Morrissey, 6 T. de Surine. l'i. de'la Madeloim"1. ior,.v
INSTRUCTION
LES CHE T 1 ZK K Y Master-sclloor of Pian-oforte, also for ks" advaxiced pupils. For terms, app-ly to Mme. Marie Gabrielle Lcsebetizky, 7 rue Cliaptal, l'aris, 90. TeL: Trudainé 70-W.
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NEW YORK LIST
MARKS RECOVERY
(Special Cable To The Tribune)
JNbVY ïuiiiv, Jan. 16.—Thé markets opened fi'rm. tüd[p;, after (lieit flu-rry érf the dav before, and a forisk demand for railrouds [ultimately sp-read to .indu.st.Tiials on cheaper moiiey rates.'
In a Waghing-ton report yesterdav, the secretary of the Treasury was repO!rted,,,as saying that no change in the Fédéral fteserve rediscount rates was contemplated at présent.
The total nu'ntber of shares traded in was 910,000, ,aprinst 960,000 yesterday and 680,000 a year ago today. Olcsing- quotàtioçs «•ere:—... ■ . Ht.
' Wed. Tues attM MONEY
^fcail Money ....... ' 4 3/4 4 i/< ■atir,® pti last quot .. 4 5
îr WiLindon Exçhangc 4.23125 4.S26g: h;S Do. demand bill 4.25S75 4.2j.5D ï9 Do Cahle transfer .. -4.2612:) 4.2575 îf-h B pans Ex. (100. Fl'S.), ,j,()85 4.4S ïeijj STOCKS
e Miiifiî Cfcem. 71 1/8 70 1/-S W\m>-Agî'. C-bem....... 15 1/2 14 3/4 ;1a, Bi,n. Can, - 107 il % 106 1 fi car. Fdry * 1 CY3 1,13 wW «Locomotive .... 73 3/8 3 1/S Radiator OS Ç6 1/4 1 Smelt,bg 58 lit .58 3/S M\in Hugar - 56 55 1/-1 ^r®W Tel. and Tel... 129 129 1/8 'r";iH\ni. Tobacco H8 1/2 H9
Woolen 763/1. 75 3/4 ^wwiac-onda » iiG 7/8 36 3/4 !0,il Mwlo-American Oil... — 15 1/2 I ^tdiison- 98 1/3 07 "ns 'p« Do. pfd. ....... . —' 88 3/4 I Baldwin 1 0"0 324 1/8 123
. I Balt. and Oliio 58 1. 8 57 3/S Jt,-I -jieii). Ktcel Glass B.. 5t 3/4 53 7/8 '-.catiimuia Pete 25.5/8 £5 1/4 ( Cai and Hecla ...... :17 1': 18 3/4 -nnndiaa Pacifie ... 14S IIQ
î "fontial Leatitpr ..... 15 3'4 15
te -< pu'o i]6" Pascc) ..... 46 1. t 45 7/8 Ches. and Ohio >—7:î 72 1/4 ty t/'hïc. Gd. Western 5 ., •• 4 3/4 I Do. pfd -- 11 1/2 r., Ai. und St. P. «... 17 ..v , 16. fcV pIll, 27 3/8 ■ 2C 1/8 Chic; Mil. Western... 51- 1/8 50
- c. R. I- and P....... ,25 2t. 1/4 fluhy Copper ..,.. or.. ;n 5/8 •. 27 1/4 . èhino Copper ,-18 1/8'' 18 1/8
■ -Colorado Fuel .". l , . 26 1/8 25 1/4 ; .'("on sol. G as......... C3 3/8 62 3/4 Torn. ProfJuci-; ""'.; 159 7/8- 157 1/4 Crucibl0 Steel : 66 1/2 (i:) 1/2 .Cuba Cane - 14 7/8 14 3/8 Cuban Amer. Sugar. 31. 1/8 33 3/4 : Del. and HucLson ... 108 107 1/2 £rie - 25 3/4 25 VS . Do. 3 s. pl'd....... 33 32 1/2 Gen. Asplialt. 44 1/2 44 1/4 Gen. Elect- 198 1/4 199
- Gell. Motors 'HH"'. :Cj ;t4.7/S Goodrioli 2], 3/1 24 3/4 Gr. Norili-ern. pld. 57 1/4 5G 1/2 « Do. Oro Certs. ....' - 58 minois Central - 102 1/4 102 5/8 Inspiration Copper .. 25 1.4 25 3!8 Int. Hamster olSJ., 82 1/2 Int. Merc. Marine .«■ 7 1/2 7
. Do. pfd 31. 1/4 30 1/4 Kansas City South..: 19 7/8 19 3/8
' Kemiecott ' Copper ... 35 :H 3/8 Lehigl1 Valley ..,.....: GG 3'8 G3 3/4 Loui-, and Nasli 87 1/2 87 1/2 Marland Oil 6 3/4 37 1/4
; May Dept. Stores KO 3/4 89 ■
: Mimi Copp-er • 2-3 1/8 22, Minn. S. P" & S.S.;'\L -.- 43
) Missouri Pacific 11 1/2 " 11
Lead 138 1/2 137 5/S y.t- R. M. lst pW. V* —' : ; 4
4 Do. înd pl'd........ -15/8 1,3/4 N. O. Tex. and .Alex. 9G 06
N. Y. Central 1ÓZ.3/S 101 5/8 N. Y. N. H. IIartfonl. 18 5/8 17 7/8 N. Y. Ont. and West. 18 1/2 18 Norfolk and Western. 103 3/4 104 KortIi Amencan Co... 24 5/8 ?-i 1/4 Northern Pacifie 54 1/4 53 1/2 Owens Rottle Co..... 45 1/2 45 Pacifie Oil 50 1/4 48 3/4 Pan-American Pete.. 54 55
* Do. Class B. 52 5/8 53 3/8 Peima R. R. 43 3/8 43 1/8 ,People's Cas. Chic..., D5 ,95 1/2. Phila. Company 44 1/4 . M 1/4 ' Pitteburgli Coal 61 CO PrBss,ed Steel-Car. '.. 53 1/2 53
Ray Copper 10 7/8 10 7/8 Keading (ex-righte)... 58 3/8 - 57 1/2 ^ Do. lst. pfd. — ' - 35 3'4 Hep. iron and S ttol. ' 52 1/2 f) t 1/2 Reynolds Tob "B" ... 7i. 74 1/4
• Royal Dutch 52 3'8 - 02 3'4
»? Shell Transport ...... 1. S 31. 1'4 Shell Union on ..... - 26 ■
: Sinclair Consol. Oil .. 26 -1 irS 25 1/2 SoutJiern Railway .. 42 5/8 411/4 4 1". Pfd 68 1/2 ' G7 1/2 tirera PacIfif .... 87 3'4 87
St and OIT of Cal....I 63 :1/ Í: G] 1/4 Stand Oil of Ind m 3'4 66 1/8 i Sfend 011 of -'Ç. J 40 7/8 40 1/2 I Sfadiebaker 1()5 103 7/8 Texas Company .... 43 5/8 43 -'/2 |«as Pacifie . 20 3/4
t T'mken Roller Jlear. 39 3/4 30 1 t;;¡
r Tobacco Products .... 65 7/8 C5 3/4
:, .enion Pacific i29 3/4 128 7/8
/' Do. pf(] 70 1!9
I tiiued Fruit 183 1/2 f82 liS
; tnxtea net,-Iil ■ î3 1/2 73 m 1 ît r Ind.AIcohol -70 3/8 C8 7/3
I p 2' Rubber io 5/8 39 713
j y Smelt. and II., 20 3/1 211/4
:. '*-• S. Steel - 99 7/3 <jg 3 -.5. 119 5/8 ™ ^
: ; ¡ trtDO. ,{\rh Copper Il r', ¡. 1/2 Gi- 3/4 13 1/8 VI '
{ Jlï; pfù. Ciass A- 38 1 4- 36 773 \v_e&tern Pacifie 15 3/4 15 3/3 tum Union Tel 109 1/2 109 *1/2
II " ( K- and M... (1 j 1/8 ,00 i/2 BONDS
Lilx: GO\'t ...::5, 1(\"0 ..,LI.. m 1/4 1/.5
3 1/2 1923-47.. 99 3/8 99 15/32
4 1/7i 193247 99 1/32 99 1/32 Lih "Mth 4 1/4 1933-37. 90 1/16
^ a 1/2 1937 - 99 1/4 ■' Afrtk 1/2 1929 - 107 3/8 Eric rn1 Gren- g" 4s-* - 881/4
* Al r n?" Li(,n 4s.... - .1;)
I)n\ Lir.n. -- ' 07
Curu. Adj. 5s.. — - f/, 1 tf. Jl'M'iig Gold te.....! „ 89 1/1Union Pacifie 5s __ . 91 '! 11:!' iS' SteCl 2nd 5s" *• ..... 103 "
CURB
' Am. Tobacco.... 20 5/8 po 1/<} 1 >»»-i.Oiiorx.ï..,..Ki}f i
«' :\METALS I 'CPPeï' Ficct, Spot... 32- 1/2 p ] Japper Elect. Fut 12 9/16 12 q',le .1 Silver Foreign... C2 3/4 c,:>, '' l H!1 - 49.25 '49.375 i 6.375 6.305 I ^'ct ....... 8.075 45.075 j
mv YORK, Jan. lG.-Volleil States sports jn Decem-ber amounted in /il 6 to ^25,000,000, against $314,327,y°9.r ago. Imports were 2285,* îrrif a^alnst $293, 788,5i3. Net go Id 9 7, monil1 amounteci- to
EXCHANGE RATES
BY THE FINANCIAL EDITOR
The following gh'c the fŒ iJ'lC'll)111 exchange movertlonts ycsterday:
Bath the doUar .and the pound are still above -their Saturday levefs, however, when tire dollar's limits were 21.32 and 20. HS francs, but. if the trend of the last two days continues as vigorouslv, those who ha\'e taken a beavy load of foreign exchanges will see t!icir expected profits cl w1nc118 rapiclly, and instead. or offering r-esl.?- tance to the franc's l'ccoyery, they will hâve to sell foreigi-i -currency tn prcvent Josses or eveu accept an C'sisting loss if their commit m eut s are \'(,l'V roc ent.
The Frencli g'ovcrnment, xvill therefore be assisted in its work to rehabilitate the franc by the play of ipriroly technical mar-ket currents, whicli i ?I grow stronger as the dollar rate fs lis. Nevert-heleiss, gr-eat care Avili bave to be exerclzcd by the pro-franc "orces to eliminate at the outsèt any surprise i attack against the franc, and " the trend of the last 48 hours in dilates that the "1.mlls" are rnen of cic< ,[on and persistance. It is mteresting' to note that Belgirrm j,3 a1so C'ontcllliihting strict.'defens'ive action. The liai-' 1 iau Jir-a-, which . was quoted 101.20 francs pc-r hundred on Mond-ay, leceded fo 92,20 francs ycsterclay.
Officiai average quotations in Paris" yesterday and on the previons market day, in terrns of francs, were as follows:
Wcd. Tues.
New York , 21.31 22.315 Londou !,O. ao Ui.Slj Spain 2.75 2.8725 Holland 7.9075 8.24 Italy .022 .07 Swi'fzerlarrd — 3.8825 Sweden ,• 5.60 5.85 Belgium .' .^97 .œG Prague .625 .059 Rnmania (100 l.) 10.65 ' 10.90 Vîenna (100,000 k.) . — '3.1.00
- LONDON, Jéll1. 16.-1'1J8 following 1 were the closing exchangc rates Iiere I today, fôroigji currencies being quotecl against the pound..
' Par of Ex. Wed.
New York ....... 4.8663 4.25 3'8 Canada 4,8665 ' 4.37 1/4 Paris %.... 25.225 91.90 Spain 25.225 33.19 S'\vltzerland...... 25.225 24.61 Holland 12,107 11.398 Belgium 25.225 301.75" Italy-.. 25.225 "07"50 Sweden ' 1%159 16.285 Germa,ny 20/43 19,000 Billions Poland ......;.... 20.53 43,000,000 Anstria 24.02 :W;¡,OOO Prague 25,02 MG.M/ Budapest 24.03 110.000 Greece ........ 25,225 219.50 Rio (M. in ,p.) 35.50 G.25
n, Air. (1). in p.). 47.625 4.2.25
NF.W YORK, J,ll!. 1\i.,-Thc foyRign" cxchangc quotations in New York, today were as follows in térms of dollars:
■ Wed. Tucs.i [ Pans 01685 ,U.HtS, '- Londo.li (Cablè) It,"!(>123 4.22625 : Heriîti (Tri llion) 2300 . 2200 M ad rid .1 :>si ,-j ^ i Borne ........i i..0437 X>438 Goneva. 1731 .1.7 :>9 Athens O.I.97 .01:)7 Bmssels .0521 .0407 Amsterrlalil ..3735 .3720 Stockholm ............ 2617 .36)t
PARIS EXCHANGES
0:00 ri:0-?. J:J0 r>:ôô 2'2:.1)'7 M .6t 91.1t) 91.80 '-SI.','3 94.1)0 ~) ~, !>0 00.23 < 1 .2. S -, 01.25
LONDON EXCHANGES
10:15 1 30: io 1:1.> 2:',5 . ' .02.05 92.50 DL tü 1 «t,'i5 02.015 4.28 3/8 4.27 -5.?(5 5/1(, iL?!) 3"t 4.25 5/S
NEW YORK EXCHANGES
9:1.' 10:15 10;50 - 11:53 3;(ï) 21.30 21.785 21.62 21,'rft ,2!.3i5 4.26 5/8 4.25 3/'ï 4.2.') 1/2 4.26 4.2ij 1/8
ihe total transactions officially recorded in Pana yC'sterclay wero $}35,.000 and £'?G2.7ÜO a sraatter total than the çlay before. The exchange markots Vvorc seldom more violent in their jrtovements, howevcr, and ail three oî the above ]na)'k.r'(s werc'ithe • scène of sha-rp changes throughoui the day. Tho last J.oodo!). rates, at 5.45 p.m. vesterday, were. 91.05 francs and 84.26 1/8, marking a gain botli in the pound and in the franc J'rom tho o'fticia.i. close.
New York was marked ])y a fairly sharp struggl0 ln. stet'Hng, but the franc was calmer In ils linctnations, and closed at its best for the day. In Paris tho dollar moved between 21.05 and 22.07, winch are very wide lirnits* Thé lugliest rate was at 9 a.m. and the lowcst at 1.30 p.in. Later fluctuations bronght about a risé »of the dollar lo Si.80 francs at 3.10 p.m., Jbnf it subsided to 21.33 at 5 p.lIt. and was last quoied at5LH francs at 5.55 p.m. In New York it iniproved a littlp more. and closed ,.-at 21.315 francs.
U.S. PRODUCE AND
GRAIN MARKETS
(Special Cable To The Tribune)
.\r,w ïoiih, Jan. 16.—.Cotton opened '\'OQl;:{'?J;' on Southern and foroJg-n soiIing, but irnproved On reports of cscessivo l'ains, a bullish Ginners' estimate, ]a.ygpr experts, and bear cov-oring. Laipr w-eakness returned on local selling and sales of spot dealers, weaker cxports and bull re-sales. Closing easy, with déclinés of 50 to Vu points.
Coffee futures closed heavy -on 3 to 14 point déclinés. i!;>w sugar fut tiras closed- weaker on 5 .to H point déclines, W iileit and Gray report Cuhau receipt6 last week n s" 102,000 t')ns; against 88,000 tons last y (,,,,ir, and stock at 91,000 tons, aga inst 76.000 tons a year affo.
T COTTON WO!. ÏUP?.
SPot ;n,S;) 31.30 JaïHiary 33.» 33X5 Febr-uary 33.40 35.03 March 3.1.57 .34 24 Ai>rit ;.;V<3i. ô/j.si jvniy 33.77 s-i.43 .Tu-no 35 02 J'H'.y 3.'l.[)7;1 Au-fifust » 31.25 S(\.ptcm!)(\l' K t 20.47 Octobcu' bi 28 .Ci Ko\'C'mJwl' i>7.ao 2S.-45 L'cceinbet- 27.»0 -28.30 COFFEE
Spot jo.81 j!).HJ jMarc-h o.i>5 ioi/7 May .0.05 0.75 Jury 0..V! 0:53 S'';pt-o.rabct' o.:'« 0.47 Ol'lohee y.«D 0,/tiJ Kovcmbet' : 9.2i ' 0,;]') D&cptnijcc 0.2Q \},;':;,J SUCAR
On t, Cuba 0.05 (¡,¡};J JiiiHiai-y 1-5 a w :.......'i.'.W
]\i:i rch Ivuw ''i.G5 4.75 1 May Raw- -4.73 ' ' .4.84 Juiy Hall' .................. 4.8-2. 4.03
CHICAGO BOARD OF TRADE (Special Cable To The Tribune)
CHICAGO, Jan. 16,—\\ beat- opencci heavier on casier I.iverpooi câblas 'and bearish estimâtes of the exportable Argentine surplus, but iniproved jater. on d\Yhi(Uing stocks and the .stren/fth of North-West markets. Later file adyanco proceeded due to a good n:ill demand, d'wiridling country receip;.?., and commission bouse lillying, hut towards the ond weakness predominated due to a d'igeouraging expe-j t demand and partial realizing. Closiag steady, with prlces up 1/4 or 3/S po;.'ü,.
Corn , opened stronger on ligîit oÇferings, ÜwÜlClliJlg' country recelpts, and OUhit10 support, coitinulug to advance until the end on outside support, news of un favorable movement wcather, nnd a botter cash demand. • Clogjng firm, ,"Hh .price^ up 3/4 to ; '1 point.
WHEAT - WOIL. T.uc?.
May ..'..-V. 100 3/8 1C0 î/g July 10; 3/4- 107 3/fi Septe-mber » IftG 3/4 106 1/2 CORN
Mar / ' 70 7/S 78 7/8 il u 1 y . ............ m 3/4 7v) 8/4 Svpteinber 81 'J/t> 80 5/8
LIVERPOOL COTTON
LIYERPOOE, Jan. 16.—Ameri.nn j futures clospd today, Jan.-FcJ.1. 19.61, Mar. 19.65, Ajjr. 19.61, May 19.63, .»uue i 19.50, July 19.17, Aug. 18.10, Sept.. 17.33, ! Oct. 16.60, Nov. 16.25, Dec. J 6.15.
Yesterclay's sales total 5,000 baIes, American 3,000 ])ales. Exports î-oial 1,500 baies, Arnericrl11 1,450 baie.?. Im-. I ports total ' 15,1)19 balc,<, ' AmCl'!...::)E J 2,370 baies. j
LE HAVRE COTTON
S liù H A v BE, Jan. ii>.—cotton futur os closed today, Jan. 927, F eh.-Mar. 032, Apr. 927, May 923, June 910, July £85, Aug. 876, Sept. 707, Oct.. 750, Nov. 742, Dec. 731. Trend sfeDdy. Sales-of i.&y 6,SOO baies. -
Cudahy Packing Reports
Large Sales Increases
NEW YORK, Jan. je—Thé Cudahy Packing Company for the year cnclec1 Oct. 27, 1923, reporta gro6B sales of $190,289,000 ag-aittst 81GO,1Ü'J.,OOO in the previous year. After-payment of ail ' «xpens.es and reserves for Fédéral taxes Ü1cre was a ntst profit of $2,010,198, which after payaient of ac- 1crued dh-idendsa left a profit and Ices surplus of 85,05S,St2. - The général balance shoot sbowccl net current asscIa .of $10,315,403. more tiian irai f in the form of inventories, and net current liabilities of $15,118,471.
The Board of Uireciors. at a-recent meeting voted the payment of ail back dividende due on tiie -company's preferred etoc-k. Tins amounted to 6 ppr cent on the 6 per cent, cumulaUs e preferred stock and (i per. ç.pnt on 111c 7 per cent cumulative preferred stock. The dividonds are paynl)]c Dec. 31, 1923, 10 stockholders of . record on that dnt-e.
Cofnpared with conditions ln tlic past few years, the ■ resuit for tho year ended Oct. 27, âccording to E. A. Cndahy, Président of the company, "is decidedly ~ encouraging / and ' the fa et that the commou stock 11:13 earn•ed moro than 8 por c-ent for the year indicates that tho packing' Industry is. at la-it headed in the right direction." i-'igured ou a tonnage basis sales for tlie last year were the largo est in the history, of th.e. corrvpany.
NEW YOUK, Jan. 16.—Western Union annual report shows $e,f¡(JO,OOO lucrease in gros>s earnings and a siirplus for (Uvidends of ,^11,673/X)0 against 811,15b,000 for 1922,
Thé ne\-v président of Armour Co. says thaï bilis payable on Dec.31 were down to 864,000,000, against ' 8114,000-' 1000 on June 30, 1923. '
CAPEL COURT.
TONE BETTER
(The Tribune Foreign News Service)
, LOXDON, Jan. IG.—The markets made further recovery today, principaHy owing to the continupd iciprovement in value of tlie French franc. The m<»veulent was most-ly sentimental however, the volume of business remaining very ,small, British funds rose, and foreign bonds :ku+ on a point or more. Home rails were rath-er in active, but the f orte was good, whilo for-eigners were L. çgalaxv and dollar rails we're marked J<Q\V¡l' on the improvement of sterling. Lead. ing industrials were firm, but condilions in t11i5 section wer-e very quie:. Oils, €xcppting' , Shells, were" well maifitained, and milieu were " g'eneraih/J tirmer. ■. ' ' ' "
WNI. Tues.
Loan s ... ; o o f j o o 10 Discounts ... ,J '7/H3 1:}!32 Consols .4 1/2 pc ; 55 5*4 7/8 \\' wr Loans I! 1/2 j>c.....j txi ou War I.onns 4 101 1/3 joi 1 '.3 VVvi.r Loans 4 1/2 pe. !« 1/4 gr; 1/'1 \Var Loan-s r, pc., 99 i/Hi 98 1"1/16 trc-ncli ;) j)", ..... —r. 1/2 15 1 "i-i F:r(I]lclt ô J»C
Ft'-epûil 4 Ii ç. 19l'î 18 1/4 h l'o Fl'çnC'.h -4 PC. 10 J S ...... i, 1/2 II' l'/.j Egyptian l'n i ii© 73 73 Ita'Uaa 3 1/2 .pt', .-, 22 1'2 o.-x■ j nu.sË.L'jn 5 0/0 Mct; .... Il ' il TurK-isïi Uni lié ........ ' 17 1/•> j.(j 1 'J AielilRon < 116 : * UG in naltim!) l'i) a !:d Oïiro Canacliui) racif.ic lj/i 17; ClJbLrr¡üakü a lia Ohio.. .s.-, m ( luiago-.Mil. & s-r, Paul 20 J8
1 1 uï ........, ,-. 30 09 J.¡(,mJc¡.vme & XashvilLo 103 103
X. Y. Central . 321. '122
y, Ont.. mt.cI Wesiei-n 21 v>j Penusylvania ■ ;)1 fil So-i.rthe.rji Pacific ...... 103 M4 Ljiion Pacific 152 j'2 153
Grt. \\'<";tpm ' goas 105 ' 105 /Miillaïul Scotti.^n 102 102 i\6H/J Eab/('l'Ù 59 Def. 31. Hi 31 S'')U:ihpr]t Def. 3g "r 7/0 41 iî3 '
J.1;"11;0011! ••••• 1 F./lG 131/52 Hudsoa's lia y 5 i/o r> 1/2 Unr.-Aa).. T(tbacco .... ,'1 '!:zi:1>? 4 7/s Ang'io-Malay 20/7 1 -i 2A)!71/2 Vallain-biosa j-i" Lobnos f¡ ll!l{} o'r,'.s Ms.xican Eaglo 17/- .17/3, Ilaya] Dutcli . 90 I,c 37 n:s S!tc:ll 'Trampofé .4 a'/ji* l, V'"15» Cr^wn j\iln« .......... 61j:1 * fil/-.) «û Der. 10 l.VJ'G ÏO jl,j/Hi Jvaiia Muiei 5(3/3 55-'7 1/;'> AHacoitcks......... f..... S:I\1
Ai-izoa-a t'onper ■ 161:: 17/(; Mexico Oi-o j, 7/S /,1:1/H¡ iit0 TiiJ1Jto # , t f) og j I Ut-ah Copier h 3/4 ?i û-'-i Copper S,pot CO/IL';; C3/43/D Cappûi' Fut. (3 Mo.) M;'G/:: Ci/f,.';j Silvcr Spot 33 5/'C 33 O-'IC HHym- Fut. (2 M.) 7/8 83 1/iG ,, 00/9 07/3 Tin- Spot v. ;;".9¡lt!!J 2f,..J,'"..;I' Load S,pof, .......... :'.3/10/-- ;';'2UO/-. Zinc Spot :::;/---1-- 34/7/0
PARIS BOURSE
^.--v eudden an cl deep fan of f01'eign exchanges yesterday resulted in eome indécision pn the Pari?» markets yesterday, "oÜere the ac:t:i qty about1116 same as on previous days, however, Most international issues doclinccl Ol1 the weaker dollar, while French issues w.erc generally steady or et-rong. ' The- government rentes were vcrY'firro, Ss &howing a remarhable gain of 2.15 francs, and mdieating ,t Jarge degreç- of confidence on the part of the Bourse in the governrnent's . measuree announççd yelSterday. Tho closing was very active, \Vith priées thetter than the towpst. reached durina' the dav.
CASH MARKET
Wed. Tues, 30/0 Bonds (rerptt.) ci.so 52.63 •4 0/0 » (1917) 5S.7.5 55.15 6 0/0. l' (1030) 81.50 7S. Bons du TrSsoi'0 0/f> 1923 .',œ,'!:) 465.
" 6 0/0 1.923 (.Sept.) ACS. 439. ' Crédit National 1) O/O 10:19- -427. 410.
" tJ 0 i 0 19-32 477.7.3 475.
" 0 0/0 1923 (Oct.) 470. .4C5.
Barque de France — \ 7:8(,0,
" Paris Pays Bas .' 1,685. ' l'.ffiD,
-' l'ail-in Pa!'iSt<:'T)nc Qi(). 965.
Clé;iit. Foncier ¡Jo France 1,477.50 L'J'iG.
Lyonnais 1,710. 1,695.
Sue* t' 0,980. 10,COO.Jis'fc 895. 'DOQ. P. L. M — 1,173. Midi t. 920. -.NOT.il '. j, 1,355. 1 ,.3',0.
1 Orient ... 1,050. 1 .ObO, Ouest '. — 035. Thc-iiison-IIoaston 770. , ' 760. Pcrrf.aroya 1,300. l..',.':). Chaff-geirps Rôn-nis 509. tn.3. Messa-geries (Oi-J.) ...... 217.. 2i8. Tra-ri^atlimique lOrd.) '" 180. 189. RafXincj'K». Say ,2..f25. 2Æ&)' Clone ù O.'O 1013 («éor^r.) . — 1 ;\If:s'II}UD 4 0/0 1910 ...... no. , 124.50 Eii=?»ie, 6 0/0 1906 M. ' 31.C0 T nrw Unifie 4 0/0 .... 55. 55,-io inuav ... 2,f5a Koyal ' J-Hvtcll 33,1ilÜ. 3C;,(j,jO. Sl',i'l) Tfanspoit 375. 338. Cent.. Pacit.ic, -4s 1911-40 .. r,l:':ù. 1,550. Cliic.-MitwariKee 4$ 19;Kl-25 1,350. 1,.F::), N.Y. K ,If . Hart, 7S iJU(B) 1,370. 1,',,,0. • Ville de Paris 5 0/0 -1910 355.25 — Créait Fone. 1017-6 1/2 0'0 245.
. Communales 192t 5 1/2 O/t) 4;7. 4SO.
192.2 G 0/0 •, ' 4Gi. - 470. TfcRM MARKET
Comr't. Nat, <1.'E.-='c<')Mpte . 3,003. 1.007. CTecHt. Commercial ...... 7:XÎ. 7-30.
.Société Générale .... 7i3.. 7'3. •• Banque tât, du Mexique 730. 731. /
." 0tt03na,rnQ 7M.
Cwrfv a 1 M i n h)# S14. 8S0. Ilio ïJnto ((5r<l.) .......,. "2,650. 2,7ôô. Sucreri-o dj^E^ypt» 1,.i-8iJ. 1,435. Bal-OU » £,920, ' C.!'!<')t)tChOUC:.-. (Soc. Fin.,) . IW.M 195.50 Crown Mines .",.,.. -... ;1 ;¡¡, - Ç$4.5<) ' 1)0 P.-iier3-, (Ord.) LOO!}. 1,0,». Gednld 2S4. 2iH. ,T;jgc-rsfontèin 7.. S"i0. 257. Mu.lacea • n'j. m. ;\]it'xiean Fag'le (O'C'â,) .... 8<.. 8S.25 Me.x'ico cl Oro....... 4 ,l'ti. ' 45.1. Koi'lh Caucas'mn .00.25 00. Piula.ns" - 446. ;'1£. Fhosptiat-cs Tunisiens., 72-i. ' 730. Kami Mines 253. , .203,50 Hay ('O,PDCL' 230. -.5.). Tliar.?.is 29i. 301.50 L'.tali Copper ,...., L'ilG, 1,50*>.
OTTAWA, Jan. IC—The Goyornmsf1t will shortly issue a loau of $!)O,{JOO,QOO for tiie Canarlian National liailw-i^s. rar!;ampnt last Session appropr-iatad |72,500,000, of which $32,500,000 \\:n bo floated in .lnly at 5 per ceut., for purchase of l'olling gtock.
FOREIGN BONDS ON
WALL STREET LIST
The foLlowing lîst glves the offered quotations on the New York stock market of varions foreig?i bonds of général interest, and will be published eveiy wecl; tn Thé Tribune by spécial arrangement with tlie. Paris branch 01 the National City Bank of New r 01",,:
COVERNMENT BONDS Jan. Jan. 9 Argentine Govt. 7s, 1QZ7 . 102 l/1-4 1021/4 Anstria GO-vt. 7s, 1943 ;.,. 85 vii 86 1/4 K. Betgium Gonv, Cs, 19^5 I 93 P8' K. Beig-lnm N. Cv. 6s, 1925 (J7 1/3 n7 1/2 K. B0Jg.ium 7 1/23, 19-45 M 1/3 08 3/4 K BeIgiuan 85, 1041 38 3/t n8 3/4 D. of Canada 5s, 1952 .... 100 991/3 lî of Chili 8s, 192i4 503 ill-à lm 118 It or Chili Se, 1916 103 103 1/8 R of Chili 73, 1942 .. 90 95 3/4 K of Cuba 5 1/25, 1953 S.P. 92 1/-4 Czecliosl-ovalv 85, 19,51 ... J.. M 7/8 95 • x K. Denmarl, es, 1942 01 1 i nô i '2 K. Doooffiarl, 8s, 1945 les 3'; iff) 1/4 K. ol' 1!'i:nilmlfl Us, 1945 (1) Il,) Fïcnch Gvt. 7 1/2S, 195.1 .. 90 1/2 92 Frcncll -Gvt. 83, 1943 93 P'2 9 4 3/4 Kcp. of II:'¡'Ítl 6s, 1952 Hl 1/4 !H Japan Gvt. 4s, 1931 fco 1 '■> bÚ 3/4 Japan Gvt. 4 1/2,>" 1St. 'lD:!,') !'3 7/s 94
H- Norway Ss. 1950 -Il3 Il:;
K, Korw.ty Cs, 1913 f-n 1/2 <>:•
K. No-ntay (Js, 1952 or ' m i/2 P. 01' Ontario 5s, 1a26 ,... — 9737 Quce'nsla.nd (;3, 1947 loo 1 /100 '•< 4 Quccnô-kmù 7s, 1941 M.-,100 ' SOino Dept. 73, 1942 1/2 Si I/o Swedlsli Uv,t, csf 1939 i<c> jo", Swiss Gvt. 53, 19-20 97 7 ')-; 97 5/8 Mviss Gvt. 5 1/2S, 1929 .... 99 l'i 1 •> Swlsa Gvt. 83, 1940 114 3/2 1.I-.4 ï!-> TT" IL K G. G. Î/2S. 1029 1CQ 309 i/A C i B. & r. 51/2S, 1037 rnï 1/ 4 99 1 s R. of Lru.gTtay 8s, 1940 .. 103 1/2 104 CITIES & INDUSTRIALS Jan. 16 Jan. 9 Berno 8s, 19-45 1,10 11)'1 .3/4 Canadian Pac. R.i;. bel)", 8c 1/4 8! l'o k£nî- Rv. Cs, 1927 97 1/2 ,Pi l'A ChTistlania 8s, 105.3 ior« ioq j /-^ Oo.penlnyen 5 1/'25, 194.4 .. :11 1'2 89 "" Banish Mim. Cons. 8s, i9',G los ' 103 1/4 Frcn Cil Cjti CS Cs, 193.4 .. * 7; "7>-1/-> Oriont Dev co. Gs, 1953 .. &9 3/4 4, i:. M; Kariroad Os, 19.5a 06 r,7 1 '0 & & CJe. Ss, 1927 "" 1M 3/4 Jf!', 11;) \\ inmpes 5s, 1943 - ; 97 Zurich 8s, 19.55 ii-i -|),;? MONTREAL PRICES. ' Jan. 1G Jan. 9 D. Canada D"o 1923 , w Vs ioï 1 3>. 0tcanaaa5s 1943-93 3/5 'm ' (*—Bordeaux, Lyons or Marsc-HIes.)
British Cotton Control
Scheme To Be Discussed
MANCHESTER, Jan. 16,—An lm.portant stop affecting the cotton trade was taken yesterday when the subcommittee of the joint conférence of empl-oyers and employcd adopted for prcsentaUor1 ' to 4Ms larg-cr body a sc'iiemo for control in the Amprica'-: Totton-spinning section of the inclue;.try. T i 1 g scheme, as proposed, will afrt:ct over, 19 million spinrlJes, from .£'?5,OOO,OOO to £;S,\),OOO,QOO of capital 60,000 operatives.
Th'is décision was taken while the provisional emorgency commiHee, (if whieli Sir C'harles Maeara. is the cltnirrnan, Vas passing a resolution (,Xprcs;,dng satisfaction at tliC) approachos already made toward sotting- up a control scheme, but taking the grayest vi-ew of any further delay and suggesting that formalities shouhl uot be allowed to retar^the introduction ■of an effective scheme.
SOCIETE GENERALE pour favoriser le développement du Commercie et de l'Industrie en France.
Capital 500,000,000.00 Surplus 55,001,882.10 P-cposits 1 ,'2'27,5:JD,&rYI.2:¡ Tinio dfposi.i. s !i,.:1".7,50û,OO Acf.'ept.Tnc.es ou.htandLng' ... 81,101,721.72 Mhcellan('(il,l-S acc-ounts .'3,ÍÎ'ti,;'¡Î7,83iJ,37 Order a.ccoLmt$ . : /.. 233,4>43,710.6(3 Uwlivâded !]Jl'OiHh f.?,O.,)Ü,,';!L';O Balance 5,225,057.02
- 5,-978,958,195.70 A TRUE STATEMENT
For the Général Manager:
LEDLAXC.
CONDENSED STATEMENT OF
CONDITIONS AS OF NOVEMBER 30, 1923.
ASSETS
Cash on h and and at the
Banh of France -'t.SG,CuG,CM.H Due fr-om-ban,k and a.g-c-iK'.i<"-< . SS/270,578.21 Ac<:c.ptan&e.'5 and National
Défende Bonds ... 3.370,132,4^42,82 Coupon-s to he cashed ' 39,029,911.51 Kejperts 20,87-4 ,S38.94 Adva-nced p a y m e n t s on fi-Liarcmtecs •. 277,536,042.00 MiscclIaBCous current, accoun-ts . 1,1&;,fJJ1,iCt3.'!,:¡ Séeurities, shares. bonds,
and cCl't,i'flca;tes - 3S.452.345.S9 Bcans anel discounts '.'il',17.1^8.3.29 Bank buildings ' [{¡,397,03S:;C, Order acconnis 127,7*3,729.09 Differed p[l'rments 250,000,000.00
*' f " 5,978,W 8.194.7 G LIABILITIES
ADVERTISEMENTS for insertion in
CLJE
v. eccepted at th. office of
CHICAGO ,Tuf; TRIBUNE
(ZUROPEAIV EDITIO.AO
es. RUE LAMARllNE PARIS (9t.).